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updated 2:36:59 AMFunding Arbitrage Backtester
Size$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding covers it in ~0.5d
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+79.96%
30d Period Avg+72.78%
LONG Variational · now
−91.97%
30d avg:−110.47%
SHORT Bitunix · now
−12.01%
30d avg:−37.69%
Entry Spread Now
−0.050%
Eaten by executionL 0.04033 · S 0.04031−$4.96 if it converges
24h range −0.18%…+0.36% · median +0.11%
Long pays every8hShort pays every4h
LONGmaker0%/taker0%SHORTmaker0.020%/taker0.060%
Limited funding history — chart clipped to available data
- Variational (Long): data starts Aug 15, 2026 (2d available out of 30d requested)
- Bitunix (Short): data starts Jul 30, 2026 (18d available out of 30d requested)
KPIs (Total PnL, APR, Win Rate) calculated only over the available data range.
Sparse settlements: long 7%, short 57% of expected. KPIs may be noisy.
Loading Funding History…
↗Total PnL
−$307.33
−3.07%
$Avg Daily PnL
−$15.54
−0.1554%
★Best Day
+$19.53
Aug 16
◎Open Interest
Variational$773
Bitunix—⚡Funding APR
−56.74%
annualized · funding only
⚠Execution Cost
−$12.00
entry + exit fees
⏱Payback
never
to break even
◧24h Volume
Variational$291Bitunix$308.4KLoading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$12.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.